District Court, S.D. New York July 30, 1969, No. 65 Civ. 2933 (Gold Bond Stamp Co. v. Bradfute Corp.)

*534OPINION

TENNEY, District Judge.

This is an action to recover damages for an alleged breach of contract brought by the Gold Bond Stamp Company of Georgia (hereinafter referred to as “Gold Bond”), a company engaged in the licensing of trading stamps, against the Bradfute Corporation (hereinafter referred to as “Bradfute”), organized for the purpose of creating, distributing and operating sales